29-05-2025
- Business
- New Straits Times
Pertama Digital secures October deadline extension for regularisation plan
KUALA LUMPUR: Pertama Digital Bhd has received approval from Bursa Malaysia Securities Bhd for an extension until Oct 31, 2025, to submit its regularisation plan.
In a statement today, he company said the extension would allow it to proceed with key initiatives under its restructuring efforts.
These include the proposed acquisition of D-Ron Group, a technology firm operating in Malaysia and Singapore that specialises in artificial intelligence-powered surveillance and public safety systems. The deal is currently in advanced due diligence, with a share sale agreement expected within the extension period.
Pertama Digital is also formalising a partnership with global CPaaS provider Infobip to enhance government-to-citizen digital communications.
Other ongoing projects include eJamin, a bail payment system that has processed over RM1 billion in transactions, and BizKecil, a platform supporting small enterprises.
The company is also exploring a cybersecurity collaboration with Netsec Sdn Bhd for the public sector.
"This extension is more than a procedural matter. It gives us the time needed to complete critical components of our regularisation plan," said group chief executive officer-designate Lim Nasrul Halim.
"We remain focused on delivering sustainable, long-term outcomes through both acquisitions and internally developed digital services."
Pertama Digital said these efforts form part of its plan to strengthen financial performance and operational viability.